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$ 415,000
Est. payment | /mo
$ 415,000
Est. payment | /mo
Key Details
Property Type Multi-Family
Sub Type Duplex
Listing Status Under Contract
Purchase Type For Sale
Subdivision Parkridge Vlg 2
MLS Listing ID 172843
Style Side/Side
Year Built 2003
Property Sub-Type Duplex
Property Description
Income-Producing Duplex in Rapid City's Premier School District! Located in the highly sought-after Southwest side of town, this side-by-side duplex offers an excellent investment opportunity. Each unit features 2 bedrooms and 2 bathrooms (1 full bath with shower/tub & 1-3/4 bath with shower), an open-concept kitchen and family room with vaulted ceilings, and large windows that allow plenty of natural light. Both units include a finished lower-level living area, a 1-car garage, and private entrances from both the garage and front door. Sitting on a 0.21-acre lot, each unit also has a private deck overlooking the spacious backyard, kept lush year-round by an underground sprinkler system. Currently, occupied on a month-to-month basis, tenants are responsible for their own electricity with separate meters. The owner covers water, sewer, and trash, averaging approximately $250 per month. The new owner will have the opportunity to negotiate leases with tenants.
Location
State SD
County Pennington
Area Southwest
Zoning Conforming
Interior
Heating Electric
Cooling Wall
Exterior
Roof Type Composition
Building
Foundation Basement
Sewer City
Water City
Listed by PREMIER PROPERTIES, LLC
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